Tag #Eu Funds

Showing 61 to 72 of 79 results

elpais.com

🌐 85% Global Worthiness

Mar 24, 10:11

Spain's Pension System Under EU Scrutiny Over Accounting Dispute

Spain's pension system faces a critical European Commission review due to the government's inclusion of state transfers as new revenue, which contradicts the initial agreement and raises concerns about the system's long-term financial sustainability and potential loss of EU funding.

Spain's Pension System Under EU Scrutiny Over Accounting Dispute

Spain's pension system faces a critical European Commission review due to the government's inclusion of state transfers as new revenue, which contradicts the initial agreement and raises concerns about the system's long-term financial sustainability and potential loss of EU funding.

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What is the immediate consequence of the Spanish government's inclusion of state transfers as pension system revenue in the European Commission's evaluation?

The Spanish government faces a crucial week regarding its pension system, as the European Commission scrutinizes a report on its revenue measures. The report, due March 31st, reveals a 0.8% of GDP shortfall (approximately €12 billion) unless government transfers to the Social Security system are included. This accounting method, however, is disputed by the European Commission.

bari.repubblica.it

🌐 75% Global Worthiness

Mar 14, 19:15

Puglia Recovers €4.17 Million in Mismanaged Public Funds

Puglia's Court of Auditors recovered €4,170,000 in 2024 from mismanaged EU and national funds, a significant increase from 2023, with issues concentrated in healthcare and private entities receiving public funding for uncompleted projects. The regional prosecutor criticizes the justice reform for hi...

Puglia Recovers €4.17 Million in Mismanaged Public Funds

Puglia's Court of Auditors recovered €4,170,000 in 2024 from mismanaged EU and national funds, a significant increase from 2023, with issues concentrated in healthcare and private entities receiving public funding for uncompleted projects. The regional prosecutor criticizes the justice reform for hi...

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What specific examples of fund mismanagement are highlighted in the report, and which sectors are most affected?

The misuse of EU and national funds in Puglia, Italy, is a persistent issue, encompassing healthcare, construction, and energy subsidies. A significant portion of the mismanaged funds involved private entities receiving public funds for projects that were never completed, as demonstrated by a €199,514 case involving a company that received EU funding but failed to fulfill its obligations. This highlights systemic weaknesses in oversight and accountability.

elmundo.es

🌐 85% Global Worthiness

Feb 23, 13:09

Spain's EU Recovery Plan: Investment and Productivity Fall Short of Targets

Spain's €160 billion Next Generation EU recovery plan fell short of investment and productivity goals; public consumption, not investment, drove growth, resulting in a 2.5% increase in gross fixed capital formation and marginal productivity gains, despite nearly 2 million new jobs.

Spain's EU Recovery Plan: Investment and Productivity Fall Short of Targets

Spain's €160 billion Next Generation EU recovery plan fell short of investment and productivity goals; public consumption, not investment, drove growth, resulting in a 2.5% increase in gross fixed capital formation and marginal productivity gains, despite nearly 2 million new jobs.

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Decent Work and Economic Growth

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How did the actual economic recovery in Spain differ from initial projections based on the NGEU funds, and what factors contributed to this divergence?

Despite €160 billion in NGEU funds, Spain's economic recovery has been driven primarily by public consumption (60.7% contribution since 2019), not the projected investment surge. The expected 2-3% GDP growth in 2024 failed to materialize; instead, GDP growth was 3.2%, with investment lagging at 2.3%, far below the expected 6.5%. This shortfall reflects the underperformance of the investment multiplier effect and slower-than-expected absorption of NGEU funds.

fr.euronews.com

🌐 85% Global Worthiness

Feb 10, 22:07

Poland Projects €167 Billion Investment Surge by 2025

Poland's Prime Minister Donald Tusk announced over €167 billion in projected investments by 2025, targeting infrastructure, green energy, and technology to boost its European economic standing, exceeding previous records and aiming to surpass Western economies.

Poland Projects €167 Billion Investment Surge by 2025

Poland's Prime Minister Donald Tusk announced over €167 billion in projected investments by 2025, targeting infrastructure, green energy, and technology to boost its European economic standing, exceeding previous records and aiming to surpass Western economies.

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How does Poland's current investment strategy compare to previous government plans, and what role do EU funds play?

Prime Minister Donald Tusk announced these investments, highlighting Poland's ambition to surpass Western economies. The funds will be allocated to railway development, ports, green energy, and AI, with meetings planned with Microsoft and Google to finalize investments.

elpais.com

🌐 85% Global Worthiness

Feb 6, 10:10

Spain Revises Pension Sustainability Assessment to Avoid Contribution Hikes

Spain's Ministry of Social Security is revising its pension sustainability assessment to avoid contribution increases, incorporating state transfers and employment measures; failure to meet the new criteria leads to automatic contribution hikes.

Spain Revises Pension Sustainability Assessment to Avoid Contribution Hikes

Spain's Ministry of Social Security is revising its pension sustainability assessment to avoid contribution increases, incorporating state transfers and employment measures; failure to meet the new criteria leads to automatic contribution hikes.

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How do the proposed modifications affect the existing framework, considering criticisms regarding accounting and the long-term implications?

The revision includes state transfers to social security (about €20 billion), measures boosting employment (like labor reforms), and updated GDP figures. Failure to meet a net spending threshold (13.3% of GDP between 2022-2050) triggers automatic contribution increases over five years.

dw.com

🌐 75% Global Worthiness

Jan 17, 22:10

Bulgaria Forms New Coalition Government Amidst Deep-Rooted Corruption Concerns

Bulgaria's new coalition government, formed on January 16, 2024, comprises GERB, BSP, and ITN, with partial DPS support, aiming to address political instability and systemic corruption, despite concerns about its durability and potential for significant reforms.

Bulgaria Forms New Coalition Government Amidst Deep-Rooted Corruption Concerns

Bulgaria's new coalition government, formed on January 16, 2024, comprises GERB, BSP, and ITN, with partial DPS support, aiming to address political instability and systemic corruption, despite concerns about its durability and potential for significant reforms.

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Peace, Justice, and Strong Institutions

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What immediate impact does the formation of Bulgaria's new coalition government have on its political stability and EU relations?

After seven elections since 2020, Bulgaria formed a new coalition government on January 16, 2024, led by Rossen Scheljaskow. This follows the withdrawal of GERB leader Boiko Borissow's claim to the premiership. The 125-114 parliamentary vote marks a fragile step towards political stability in the EU's poorest nation.",

dw.com

🌐 75% Global Worthiness

Mar 24, 16:09

North Macedonia First to Receive EU Reform Funds

North Macedonia received €52.4 million in pre-financing from the EU's Reform and Growth Instrument, becoming the first Western Balkan country to access these funds after completing legal procedures; an additional €17.1 million is pending based on further reforms.

North Macedonia First to Receive EU Reform Funds

North Macedonia received €52.4 million in pre-financing from the EU's Reform and Growth Instrument, becoming the first Western Balkan country to access these funds after completing legal procedures; an additional €17.1 million is pending based on further reforms.

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What reforms are linked to the additional €17.1 million funding request from North Macedonia?

This payment marks North Macedonia as the first country in the region to receive funds after completing legal procedures, signifying the entry into force of the loan and grant agreements. A further €17.1 million request for additional funds was submitted on March 14th, 2024, for reforms to be completed by February 2025.

torino.repubblica.it

🌐 85% Global Worthiness

Mar 1, 22:09

Piedmont Audit Court Investigates Regional Agencies and Pnrr's "1000 Experts" Project

The Piedmont Regional Audit Court is investigating financial irregularities in regional agencies, including the Fondazione XX Marzo 2006 and Finpiemonte, and the EU's Recovery and Resilience Plan's (Pnrr) "1000 experts" project; investigations into \$31.6 million in unrepaid loans are underway, with...

Piedmont Audit Court Investigates Regional Agencies and Pnrr's "1000 Experts" Project

The Piedmont Regional Audit Court is investigating financial irregularities in regional agencies, including the Fondazione XX Marzo 2006 and Finpiemonte, and the EU's Recovery and Resilience Plan's (Pnrr) "1000 experts" project; investigations into \$31.6 million in unrepaid loans are underway, with...

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How did the selection process for the "1000 experts" program contribute to the lack of transparency and accountability in the use of EU funds?

The investigations highlight systemic issues within regional agencies in managing public funds and EU contributions. Finpiemonte reported \$31.6 million in unrepaid loans, with 40 warnings and 44 lawsuits filed, totaling \$17.3 million. The Audit Court's concerns extend to the Pnrr's "1000 experts" program, where it is unclear how the experts were selected and what their contributions were.

elmundo.es

🌐 75% Global Worthiness

Feb 17, 04:11

Spain Delays Regional Funding, Risks EU Scrutiny

The Spanish government, under Deputy Prime Minister María Jesús Montero, is delaying the disbursement of the Extra FLA fund and withholding 2025 funding information from regional authorities to manage public funds, secure EU approval for its fiscal plan, and potentially avoid scrutiny for exceeding ...

Spain Delays Regional Funding, Risks EU Scrutiny

The Spanish government, under Deputy Prime Minister María Jesús Montero, is delaying the disbursement of the Extra FLA fund and withholding 2025 funding information from regional authorities to manage public funds, secure EU approval for its fiscal plan, and potentially avoid scrutiny for exceeding ...

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What are the immediate consequences of the Spanish government's decision to delay the disbursement of the Extra FLA fund and withhold 2025 funding information from regional authorities?

The Spanish government, led by Deputy Prime Minister María Jesús Montero, is employing questionable financial practices to manage public funds and secure EU approval for its fiscal plan. This includes delaying the disbursement of the Extra FLA fund, a liquidity support for autonomous communities exceeding deficit targets, and withholding information on 2025 funding allocations from regional authorities. This opaque approach risks jeopardizing Spain's access to EU funds.

elpais.com

🌐 85% Global Worthiness

Feb 9, 10:11

Spain's Economic Success: A Contrast Between Perception and Reality

Despite similar economic growth rates to 1997, Spain boasts significantly lower unemployment and public debt in 2024, though internal perceptions of the economy remain negative despite positive international assessments.

Spain's Economic Success: A Contrast Between Perception and Reality

Despite similar economic growth rates to 1997, Spain boasts significantly lower unemployment and public debt in 2024, though internal perceptions of the economy remain negative despite positive international assessments.

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Decent Work and Economic Growth

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What factors contributed to the contrasting narratives surrounding Spain's economic success in 1997 and the present day, and how do they influence public perception?

While Spain's current economic indicators show progress compared to 1997 (lower unemployment, higher employment), the narrative around economic success differs. Then, despite underlying issues like a growing economic bubble, a positive narrative prevailed, while now, internal perceptions contrast sharply with positive external views.

dw.com

🌐 85% Global Worthiness

Jan 26, 16:10

Hungary's Economic Crisis: Recession, Frozen EU Funds, and Political Uncertainty

Hungary's economy faces a deep crisis marked by recession, reduced investments (down 11%), high inflation (food prices up to 50% in two years), and frozen EU funds (22.5 billion euros) due to rule of law concerns, creating challenges for businesses and consumers, while the government's economic poli...

Hungary's Economic Crisis: Recession, Frozen EU Funds, and Political Uncertainty

Hungary's economy faces a deep crisis marked by recession, reduced investments (down 11%), high inflation (food prices up to 50% in two years), and frozen EU funds (22.5 billion euros) due to rule of law concerns, creating challenges for businesses and consumers, while the government's economic poli...

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No Poverty

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What are the most significant factors contributing to Hungary's current economic recession, and what are their immediate consequences?

Hungary's economy is in a deep crisis, experiencing recession in 2023 following stagnation in 2022, a significant departure from its post-political-change dynamic growth. This economic slowdown jeopardizes Hungary's goal of catching up with wealthier Western nations.

kathimerini.gr

🌐 75% Global Worthiness

Jan 17, 13:09

Greece Launches €200 Million SME Export Support Program

Greece is launching a €200 million program, part of its Recovery and Resilience Facility, to fund the international expansion of SMEs, offering up to €200,000 per business with varying subsidy percentages depending on their export experience. The program aims to boost Greece's export-oriented econom...

Greece Launches €200 Million SME Export Support Program

Greece is launching a €200 million program, part of its Recovery and Resilience Facility, to fund the international expansion of SMEs, offering up to €200,000 per business with varying subsidy percentages depending on their export experience. The program aims to boost Greece's export-oriented econom...

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How does this program contribute to broader economic goals within the context of the Recovery and Resilience Facility?

This initiative aims to boost Greece's export-oriented economy, a strategic response to current economic instability. The program directly addresses the need for increased competitiveness and economic diversification by providing financial support for SMEs to engage in international markets.

Showing 61 to 72 of 79 results